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. >> the statistics that you can present to you is that when ronald reagan ran for reelection in 1984, similar situation come here to raise money for his primary and the party even though he took the public general election funding, he attended for fundraisers in that year. what are we doing where we have a president running around? as i recall, the nevada event that romney hit import into the rushing off after libya was a fundraiser. a fourth of his time in office is this election year and a spinning it at fundraisers. and romney is getting videotaped at his fundraisers talking about the 47% in a private, closed room with people, that's what they want to hear and that's who he is meeting with all the time. so this is a problem for i think both sides, and we're going to see that pressure, the money pressure in the house and senate races. >> we'll have a minute left but i would love to hear if there is action of some sort taken to compel disclosure or to higher degree of independence or whatever steps, measures you face. conjure a vision of the future two, three, four cycles down the road what
was it, 1982 or 1983, back in the 1980's, tip o'neill and ronald reagan got together and made adjustments to social security that saved the program. that's my point. sometimes you need to adjust and change to save the very thing you care most about. and so tip o'neill didn't sell out the democratic party by embracing that agreement. the democrats in congress, many of them very progressive at that time who supported it, didn't work traders to the party. if we do it in a responsible way, a balanced and doesn't just gut the programs and just not all entitlement reform with no revenue, i think the base of the party and leaders and organized labor will understand. they also know the alternative is doing nothing, with bad damage to jobs and the economy. and ultimately insolvency of these programs themselves, or. b, the right wing of the republicans are coming in and taking over because we have done nothing to solve the problem and their answer to the solution would be much more draconian. host: jack. he's our first phone call for the senator. republican. go ahead. caller: mr. bayh, one question
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